which will allow users to buy and sell cryptocurrencies with Singapore dollars (SGD). As Finance Magnates reported, initially, traders can access Bitcoin, Ethereum and Binance Coin on the new exchange ... ( read original story ...)
Singapore is not expecting full-year recession at this point: Heng Swee Keat
SINGAPORE — Singapore is not expecting a full-year recession ... Heng said in a Facebook post on Friday (12 July). Heng, who is also the Finance Minister, said the latest advance GDP estimates ... ( read original story ...)
One-third of people in Singapore see investing as a form of gambling: OCBC study
SINGAPORE — About 33 per cent of people in Singapore think of investing as a form of gambling, indicating that many lag behind when it comes to growing their wealth and preparing for retirement, ... ( read original story ...)
Singapore or Hong Kong. Who will win the virtual banking race?
Singapore is following in the footsteps of Hong Kong with its disruption of the city’s banking system. The development of virtual banking is likely to bring vitality to the economy and could even ... ( read original story ...)
Singapore economy: leaders ease recession fears as US-China trade war bites
Ex-Singapore finance chief Tharman Shanmugaratnam shortlisted for IMF top job, but will Europeans hand over the title? Heng, also finance minister, said the data reflected “heightened uncertainties ... ( read original story ...)
Blog: Singapore plots path to 5G leadership
Singapore’s hyper-competitive mobile sector has four mobile network operators and seven MVNOs. The three incumbents all started 5G trials in 2018, but none have set a launch target. At some point one ... ( read original story ...)
Singapore Exchange proposes price limits on stocks in auction sessions
SINGAPORE (Reuters) - Singapore Exchange’s (SGXL.SI) regulatory unit is proposing imposing price limits during daily stock auctions to prevent incidents such as the $41 billion flash crash in January ... ( read original story ...)
Singaporeans taking small steps in long road to financial wellness: OCBC
SINGAPORE (July 15): The good news is that while the average Singaporean has embarked on his journey towards financial wellness, it’s going to take some time for him to reach his destination. This is ... ( read original story ...)
Nervous Hong Kong Millionaires Are Moving Their Cash to Singapore
(Bloomberg) -- Private bankers are being flooded with inquiries from investors in Hong Kong who are worried about the long-term effects of the political crisis in the Chinese city. While the Hong Kong ... ( read original story ...)
Singapore June private home sales up 25.5% from year earlier
SINGAPORE (Reuters) - Sales of private homes by developers in Singapore rose 25.5% in June from a year earlier, government data showed on Monday. Data compiled by the Urban Redevelopment Authority ... ( read original story ...)
Singapore’s Top Performing Stock Under Siege After Budweiser Shelves IPO
Thai Beverage PCL’s crown as top performer in Singapore this year is under siege after rival Anheuser-Busch InBev NV shelved the initial public offering of its Asian unit to raise up to $9.8 billion. ... ( read original story ...)
Wilmar’s proposed China IPO moves forward with subsidiary’s Shenzhen listing
Meanwhile, Wilmar has obtained approval from the Singapore Securities Exchange Trading (SGX-ST) for the restructuring and spin-off of YKA as part of the proposed IPO. ... ( read original story ...)
Keppel Capital, KBS File for $813M IPO of US REIT in Singapore
Keppel Capital, together with partners from the US and Singapore, has filed the final paperwork to launch a $813 million Singapore IPO of a set of US commercial properties. according to a stock market ... ( read original story ...)
REIT IPOs lack institutional support and liquidity, say REITAS office bearers
Market observers have indicated that part of the problem stems from the way investment bankers market REIT IPOs. The Singapore Exchange saw two REIT IPOs in May with the listing of ARA US Hospitality ... ( read original story ...)
Investors searching for yield should buy this sector in Singapore, strategists say
The share prices of Singapore-listed real estate investment trusts, or S-REITs, have gone up by close to 20% this year. Strategists from Credit Suisse and DBS say S-REITs may not appreciate much more ... ( read original story ...)
Singapore men’s floorball team thrash Thailand 17-1 to claim AOFC Cup
SINGAPORE — The Singapore national men’s floorball team clinched the Asia Oceania Floorball Confederation (AOFC) Cup, after thrashing Thailand 17-1 in the final at the Alonte Sports Arena in Binan, ... ( read original story ...)